2025 is almost here! We’ll soon begin a new year of opportunities for Chicago home buyers and sellers. If you’re looking for insights on future conditions, here are 5 things that will affect Chicago area real estate! 1. Mortgage interest rates. As of...
After years of below-normal home inventory, the Chicago real estate market is starting to loosen up! The number of homes for sale increased month-over-month for Cook, Lake, DuPage and Will counties, bringing more opportunities to the market for Chicagoland home...
Before you begin your Chicago area home search, it pays to have a plan of action! First, obtain a mortgage pre-approval from a local, trustworthy lender. This will confirm your home buying readiness and identify your price range. It also shows home sellers that you...
Ever make a purchase that just didn’t work out? With most retail items, you can return the product to the store for an exchange or refund. No problem. But when you buy a home, you’re making the most expensive purchase of your life, with no takebacks....
Home prices in the Chicago suburbs have been rising month-over-month since May 2023. According to market data from the Mainstreet Organization of REALTORS®, a low inventory of Chicago area homes for sale continues to pressure home prices. This was the story for home...
What can Chicago home buyers do when mortgage interest rates are over 7%? Strategize! Waiting for the market you want isn’t realistic. By the time rates come down, home prices will be higher, and your home buying competition could be worse. Your best option is...
